By Chiara Elisei LONDON (Reuters) – Companies around the globe took on a record $456 billion of net new debt in 2022/23, although higher interest rates should reduce appetite for new borrowing ahead, Janus Henderson said in a report published on Wednesday. The net new debt taken on in 2022/23 pushed outstanding net debt up…
DUBLIN (Reuters) -Ryanair on Tuesday resigned from an industry group set up by the British government to help implement its aviation strategy, dismissing it as a “talking shop” which has delivered no benefits or reforms for passengers. The UK Aviation Council first met in February to advise on a ten-year plan set out by ministers…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar declined to a two-month low against a major currency index on Tuesday after Federal Reserve officials signaled that the U.S. central bank is near the end of its tightening cycle, while sterling hit a 15-month high after pay growth exceeded expectations. Against the yen, the dollar…
By Steve Holland and Justyna Pawlak VILNIUS (Reuters) -U.S. President Joe Biden’s administration will move ahead with the transfer of F-16 fighter jets to Turkey in consultation with Congress, national security adviser Jake Sullivan said on Tuesday, a day after Ankara gave the green light for Sweden to join NATO. Turkey, which had been the…
By Scott DiSavino NEW YORK (Reuters) -Oil prices jumped on Tuesday, settling up about 2%, boosted by a falling U.S. dollar, hopes for higher demand in the developing world and supply cuts by the world’s biggest oil exporters. Brent futures rose $1.71, or 2.2%, to settle at $79.40 a barrel. U.S. West Texas Intermediate (WTI)…
By Shreyashi Sanyal (Reuters) -European shares ended higher on Tuesday amid investor hopes the U.S. Federal Reserve was nearing the end of its interest rate hiking cycle and as China extended some policy measures to support its battered real estate sector. The pan-European STOXX 600 ended 0.7% higher, rising for the third straight session. Irish…
VILNIUS (Reuters) – The 31-member NATO alliance gathered in the Lithuanian capital Vilnius on July 11-12. Below is the agreed language regarding Ukraine and its future pathway to NATO membership. We reaffirm our unwavering solidarity with the government and people of Ukraine in the heroic defence of their nation, their land, and our shared values….
VILNIUS (Reuters) – NATO leaders have reached agreement over how to define their future relationship with Ukraine, including its membership bid, four diplomats said on Tuesday. One of the diplomats said the final wording on the declaration regarding Ukraine’s future membership read that NATO “will be in a position to extend an invitation to join…
LONDON (Reuters) – Deutsche Bank said on Tuesday it now expects the Bank of England to raise interest rates by half a percentage point at its August meeting. Data released earlier in the day showed a key measure of British wages rose at the joint fastest pace on record. “For now, evidence of still more…
(This July 9 story has been corrected to remove the ‘Make UK’ reference and to show that the survey was published only by BDO in paragraph 2) LONDON (Reuters) – British companies were the most upbeat about their trading prospects in 10 months in June and their hiring plans increased again but rising interest rates…